India’s domestic air passenger traffic records YoY growth of 60% in FY 2022-23

The latest ICRA report has mentioned that for FY2022-23, domestic air passenger traffic was around 1360 lakh, a YoY growth of roughly 60%, and marginally lower by 4% compared to 1416 lakh in FY2019-20. It was up than ICRA’s estimate of 1300-1350 lakh.